Hence, options give a top manager the upside risk, as we say, but do not give them the downside risk.
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Mr Coffman is Lockheed's last top manager left standing (the rest have either fallen on their swords or been pushed out).
And in fairness to Merrington, it would be difficult to criticise him for a judgement call that any top manager has had to make during his time.
Where else in the world of business does a top manager have to make a decision so important, so public, and with so much possibility for it blowing up in his face?
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Over the last year some ABS insiders have leaked a stream of damaging letters and internal documents to FORBES alleging everything from mismanagement and self-dealing to fraud and even physical abuse against an employee by a top manager.
They are holding discussions next week and say that they can take action, although it would seem improbable that they would now reject the merger based on who the current board of directors want as their top manager.
Section 409 of their eponymous act, which is supposed to protect investors by making corporate disclosures more accurate and reliable, requires that reporting companies promptly disclose any material changes (say, the resignation of a top manager or the loss of an important customer) that might hamper their ability to deliver products or pay their bills.
But, perhaps the most startling thing is not that a top class manager had succumbed to the stress of coaching at the top level but that so few of them actually do.
He is a big picture, top down manager and ETFs work well with this strategy.
In his latest weekly market commentary, top fund manager John Hussman says four factors are indicating that the U.S. is on the verge of a double-dip recession.
In mid-February a top Slovenian manager urged the government to "synchronise its activities with business interests", and to tread very carefully in deciding when to recognise Kosovo's independence.
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Then there was the bizarre approach to top level club manager Gordon Strachan, who he wanted to look after youth players.
The top emergency response manager in the nation told congressional leaders Tuesday that authorities could become much more effective in the wake of the September 11 attacks.
Inter Milan right-back Maicon is top of Manchester City manager Roberto Mancini's summer wish list, according to the Brazilian's agent.
"I'm delighted to have got Damian on board and am pleased with the options we now have up top, " Kettering manager Mark Cooper told the club's website.
"At Methodist Hospital, patient care and safety is always our top priority" said communications manager Bryan Gardner.
Identify, with your manager, the top two or three things you can work on that will drive revenue or profitability.
Mr Suarez finally hired as city manager (the top administrator) a friend who is well regarded locally as a true professional.
Despite the allure of top-flight football, manager Ian Holloway has found it hard to attract some of his targets to the club under Oyston's financial restrictions.
King rise to the top, King first credits his manager, his record companies, his agents.
At the top of the list, sales manager is the best job for aspiring entrepreneurs with an enterprising personality type.
Bank teller and warehouse manager round out the top five happiest jobs in America, with index scores of 4.14 and 4.13, respectively.
In his book The Italian Job, Gianluca Vialli studied manager turnover in the top two divisions in England and Italy between 2000 and 2004.
On top of that, the typical manager devoted eight hours each week to meetings for senior managers the figure was more like 20 hours and the volume was growing.
The move from bank prop trader to hedge fund manager is one several top traders have made over the last couple of years in response to new regulatory rules that forbid banks from trading with their own funds.
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Ancelotti is the longest serving manager in Italy's top flight after joining the Rossoneri in 2001.
Not since Joe Fagan led Liverpool to victory over Roma in 1984 has an English manager won Europe's top title.
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